Common use of Survival of Power of Attorney Clause in Contracts

Survival of Power of Attorney. The powers of attorney granted in Section 14.11(a) shall survive delivery of an Assignment by any Member of the whole or any part of such Member’s Units; provided that if such Assignment is of all of such Member’s Units and the substitution of the assignee as a Substitute Member has been consented to by the Managing Members, the foregoing powers of attorney shall survive the delivery of such Assignment for the purpose of enabling the Managing Members to execute, acknowledge and file any and all certificates and other instruments necessary to effectuate the substitution of the assignee as a Substitute Member. Such powers of attorney shall survive and not be affected by the subsequent death, disability, incapacity, dissolution or termination of a Member and shall extend to such Member’s successors and assigns.

Survival of Power of Attorney. The powers of attorney granted in Section 14.11(a15.11(a) shall survive delivery of an Assignment by any Member of the whole or any part of such Member’s Units; provided that if such Assignment is of all of such Member’s Units and the substitution of the assignee as a Substitute Member has been consented to by the Managing Members, the foregoing powers of attorney shall survive the delivery of such Assignment for the purpose of enabling the Managing Members to execute, acknowledge and file any and all certificates and other instruments necessary to effectuate the substitution of the assignee as a Substitute Member. Such powers of attorney shall survive and not be affected by the subsequent death, disability, incapacity, dissolution or termination of a Member and shall extend to such Member’s successors and assigns.